Stakeholder Analysis

Stakeholder analysis.
A technique of systematically gathering and analyzing quantitative and qualitative information to determine whose interests should be taken into account throughout the project.

Stakeholder analysis results in a list of stakeholders and relevant information about them:

• Their positions in the organization, 
• Roles on the project, 
• “Stakes,” 
• Expectations, 
• Attitudes (their levels of support for the project), 
• Interest in information about the project. 

Stakeholders’ stakes can include:

• Interest.  A person or group can be affected by a decision related to the project or its outcomes.
• Rights   (legal  or  moral  rights).  Legal  rights,  such  as  occupational  health  and  safety,  may  be  defined  in  the  legislation  framework  of  a  country.  Moral  rights  may  involve  concepts  of  protection  of  historical  sites  or  environmental sustainability.
• Ownership. A person or group has a legal title to an asset or a property. 
• Knowledge. Specialist knowledge, which can benefit the project through more effective delivery of project objectives, organizational outcomes, or knowledge of the power structures of the organization.
• Contribution. Provision of funds or other resources, including human resources, or providing support for the project in more intangible ways, such as advocacy in the form of promoting the objectives of the project or acting as a buffer between the project and the power structures of the organization and its politics.